CandleFocus DeepSeek AI predicts XRP price for Q1 2025
2025-02-14
Author: Content Editor
XRP has remained steady above the $2 support level, gaining 11% in the past 24 hours and 8% in the past week. The cryptocurrency's positive performance is attributed to institutional inflows and anticipation of an ETF approval. DeepSeek AI, an AI model, analyzed market trends to provide a price forecast for XRP by the end of Q1 2025. The model highlighted factors such as the SEC's acknowledgement of Grayscale's filing for an XRP Trust ETF, Ripple's expanding cross-border partnerships, and the impact of token unlocks. An XRP ETF approval could attract significant buying pressure to the asset. The model also noted Ripple's legal battle with the SEC and its expanding role in global payments as key drivers for XRP's market appeal. However, risks such as a potential supply increase from Ripple's planned offloading of $800 million worth of XRP in February and macroeconomic conditions could impact XRP's trajectory. DeepSeek AI outlined three scenarios for XRP's future price range, with the most probable scenario seeing XRP trading between $3.15 and $3.50 by March 2025 if it clears the $2.72 resistance level.
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